European markets were lower on Wednesday as investors assessed a fresh batch of corporate earnings and awaited regional growth data.
European markets were lower on Wednesday as investors assessed a fresh batch of corporate earnings, while looking ahead to regional growth data and the U.K. government's budget.traded down around 0.5% shortly after the opening bell, with almost all sectors in negative territory. Food and beverage stocks were among those leading the losses, down nearly 1%.
The Aston Martin DB12 Goldfinger Edition is pictured during the 007 takeover of Burlington Arcade on October 29, 2024 in London, England.a smaller-than-expected third-quarter loss, with the luxury carmaker saying it remains on track to deliver on its revised full-year guidance as supply chain disruptions are"proactively managed."
The Volkswagen works council warned earlier in the week that the company's management was planning widespread pay cuts and layoffs.UBS said third-quarter net profit came in at $1.4 billion, beating a mean forecast of $667.5 million in an LSEG poll of analysts. U.K. Finance Minister Rachel Reeves is expected to end months of speculation about the government's intention to raise taxes, change rules, and borrow to support long-term investment.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Is European Private Equity at turning point, UBS asksIs European Private Equity at turning point, UBS asks
Read more »
European markets set to open lower ahead of European growth data, more earningsEuropean markets are heading for a negative open Wednesday, as investors await the latest growth data from the region and another batch of earnings.
Read more »
European stocks open lower as global markets see declines; UK inflation falls markedlyEuropean markets opened lower Wednesday as global market sentiment takes a turn for the worse.
Read more »
EUR/USD consolidates ahead of key Eurozone-US dataEUR/USD trades close to Tuesday’s high slightly above 1.0800 in Wednesday’s European session.
Read more »
USD/CHF edges higher to near 0.8700 due to solid US DollarUSD/CHF appreciates and trades around 0.8680 during the early European hours on Wednesday.
Read more »
EUR/JPY Price Forecast: The bullish outlook remains in play above 165.50The EUR/JPY cross weakens to near 165.75 during the early European trading session on Wednesday.
Read more »